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Sinopec Sri Lanka
![US Company Signs Agreement to Enter Sri Lanka’s Retail Fuel Market US Company Signs Agreement to Enter Sri Lanka’s Retail Fuel Market](https://thediplomat.com/wp-content/uploads/2023/06/sizes/thumbnail/thediplomat_2023-06-09-053724.jpg)
US Company Signs Agreement to Enter Sri Lanka’s Retail Fuel Market
By Bharatha Mallawarachi
In addition to long-time player India, China’s Sinopec has also acquired rights to operate in the island’s retail market.
![China’s Sinopec to Enter Retail Fuel Market in Crisis-hit Sri Lanka China’s Sinopec to Enter Retail Fuel Market in Crisis-hit Sri Lanka](https://thediplomat.com/wp-content/uploads/2023/05/sizes/thumbnail/thediplomat_2023-05-23-062808.jpeg)
China’s Sinopec to Enter Retail Fuel Market in Crisis-hit Sri Lanka
By Bharatha Mallawarachi
The 25-year contract with the petroleum giant is expected to ease the fuel shortage in the country.
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